Hello Biggerpockets,I'm in the process of closing on a duplex in Cleveland and am starting to think I picked the wrong lender. I have been asking for details on money down, closing costs, interest rate, etc. and have ...
Hello, For the first time in many years, I had to pay some income tax. This prompted me to read the return in detail - whereas in the past, I just filed it. I have a 20 unit property that I bought some years ago ...
Hey all! Glad to be in this community and looks like lots of great information. I've read through some of the beginner guides on here. I'm currently working in tech and make a decent salary with money leftover to inve...
I have about 140k in cash available, and looking for guidance on the best route for funding the second half of constructing a duplex. A little background, I own about 9.4 acres in Hermitage, PA where I house hacked th...
I'm looking at two non-performing 1st notes with substantial unpaid property taxes that will be sold at tax lien sales in April. What is the procedure to pay the taxes as a new loan to the borrower? Where can I read u...
"Is this loan non-recourse". That question is often better answered by asking what you mean by that. Common misconception is that DSCR loans are non-recourse because they can close in an LLC. However, even DSCR loa...
I recently talked with a mortgage broker and me and my wife didn't qualify for a loan on an investment property. I'm honestly surprised, right now our only debt payment is a 857 mortgage, no car payment no student lo...
For tax purposes, is it better to open an LLC in the state I’m investing in (Florida) or the state I live in (California)? I’m finding some lenders want an LLC to lend to. Is there any benefit to my liability to have ...
Best way to obtain cash to expand real estate capital? I have a home we purchased with a solo 401k, that was rehabbed, and ready to sell with appraisal of $250k. If I sell I can have funds to use again for next projec...
I'm new to the wholesaling industry and eager to connect with others in the field. I've recently started a small business, Alpine Property Rentals LLC, focusing on wholesaling and acquiring single-family homes for ren...